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The Majwe Mining Joint Venture (MMJV) comprises Leighton Botswana, Basil Read Mining Botswana and Bothakga Burrow Botswana. MMJV is currently undertaking the Cut 8 Phase 2 Contract Mining services at the Debswana Diamond Mine in Jwaneng, Botswana. Debswana is a partnership between the Government of the Republic of Botswana and the De Beers ...
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The Ghanaian government has revealed its proposal for a joint venture manganese refinery project valued at US$450 million. This collaborative effort involves the Ghana Manganese Company (GMC) and Ningxia Tianyuan Manganese Industry Group (TMI).. In his State of the Nation Address (SONA), President Nana Addo Dankwa Akufo-Addo disclosed …
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Woomera Mining (ASX:WML) will now begin initial drilling at Kincora... 30 September, 2024. News; ... Alma Metals (ASX:ALM) joint venture partner Canterbury Resources (ASX:CBY) says... 01 October, 2024. Commodities; MinRes earnings dip, Mt Marion resources double. Mineral Resources (ASX:MIN) has announced a bump in half-yearly revenue...
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Newmont and Harmony Gold Mining Company Limited (Harmony) each currently own 50 percent of the Wafi-Golpu Project through the Wafi-Golpu Joint Venture (WGJV). The WGJV has applied for a Special Mining Lease for the Wafi-Golpu Project and has submitted an Environmental Impact Statement to the PNG government that is undergoing a regulatory review ...
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Beyond joint ventures, some mining companies are considering other ways to distribute the risks associated with major capital projects. One emerging model is to allocate project assets and liabilities across a full ecosystem of partners—from mining companies, original equipment manufacturers (OEMs), and service providers to local communities ...
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Fortescue Metals Group has today announced that it has agreed to acquire BC Iron's 75 per cent interest in the Nullagine Iron Ore Joint Venture for the grand total of A$1. As part of the deal, Fortescue will inherit all assets and rehabilitation obligations of the venture while paying a royalty from sales of future mined iron ore.
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Sherritt International Inc. [S-TSX] is to exit the Ambatovy joint venture in Madagascar, but its decision will not affect nickel or cobalt production at the mine. Toronto-based Sherritt is a world leader in the mining and refining of nickel and cobalt from lateritic ores with projects and operations in Canada, Cuba and Madagascar.
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Ghana Gold Concessions. 10 Mining Concessions For Sale. Mine Details. Location: Ghana. Commodities: Gold. ... Placer mine for Sale, Joint Venture, or lease. ... The Goldfinch mining claim consists of one (1) unpatented lode claim covering 20.66 acres on federal land managed by the U.S. Bureau of Land Management located in Humboldt County ...
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Whilst unincorporated or contractual joint ventures may be common in the early stage exploration and feasibility phases of mining projects, before the mine goes into production, a financial investor or an operator will typically want exploitation licences, land and asset ownership to be held through a joint venture structure.
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Equity Joint Ventures ("EJV") is the more common type of JV in Africa. Compared to Contractual Joint Venture, which is basically a legal agreement without incorporating an entity, EJV is a legal agreement backed up by incorporating a JV Company as a "ProjectCo" for the purpose of mining initiatives.
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Are privately owned Hartree Partners and Wanxiang Resources setting up a commodities trading joint venture in China? According to sources from Reuters, that's exactly what's happening.. Based in Shanghai and expected to be up and running this year, the venture would represent a further step in Hartree's bid to branch out from its core energy markets into …
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An agreement has been reached between Global Energy Ventures (GEV Ghana) and Ghanaian based RigWorld International Services to join forces to create GRO Oilfield Alliance Ghana Limited. This Joint Venture brings together both companies who have very complimentary offerings and the same core principles of offering clients world class services ...
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